WASHINGTON, December 16, 2019 – The World Bank Board of Executive Directors today approved financing for the following project:
State of Maharashtra’s Agribusiness and Rural Transformation Project
IBRD Credit: US$210 million
Terms: Maturity = 13.5 years ; Grace period = 6 years
Project ID: P168310
Project Description: The World Bank will support small holder farmers participate in competitive agriculture value chains; facilitate agri-business investments; increase agriculture productivity and market access; and produce crops that are resilient to recurrent floods or droughts in the Indian state of Maharashtra.